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News / Re: BitPay COO Sonny Singh: Bitcoin Could Hit $15-20K by End of 2019
« Last post by zityx23 on December 06, 2018, 01:55:57 PM »
We have a year more to wait. I guess it will be a long cold months for btc. Luckily, we're on TAUCOIN. :D
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Altcoins Discussion / Your prediction
« Last post by BlackJack on December 03, 2018, 07:40:42 PM »
Hey everyone, do you think about what will happen to the future of cryptocurrency? Surely you have different views. I heard some people say cryptocurrency will end and lose popularity. do you believe? or you are waiting for news from Nasdaq about "Bitcoin Future".
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Altcoins Discussion / Cryptocurrency as the latest innovation for transactions
« Last post by BlackJack on December 03, 2018, 07:35:05 PM »
Maybe not everyone knows cryptocurrency. the dominant person who knows cryptocurrency is someone who is an expert in IT and some people who have learned from the first since the cryptocurrency began to be used. The growth of cryptocurreny enthusiasts has experienced a rapid increase. this certainly has logical reasons such as, Users feel comfortable and profitable and the rest because they believe the future of Cryptocurrency will be used in real life. Do you feel it?
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Altcoins Discussion / Re: the popularity of cryptocurrency is reduced
« Last post by imorpheus on November 27, 2018, 08:50:04 AM »
we just ask us one question: whether crypto currency an inevitable event in the future history? if Yes, the choice for life is very easy, survive as long as possible and embrace crypto when you can. If not, then just sell all crypto assets.
The current coin systems bitcoin, eth and eos might all gone in the future, but will this hurt the inevitable event? it will not, it will only make the event more powerful and correct.
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Altcoins Discussion / Cryptocurrency only requires a few exchanges
« Last post by BlackJack on November 27, 2018, 02:03:50 AM »
Yeah .. Cryptocurrency only requires a few exchanges. The thing that makes the cryptocurrrency price increase is the growing number of investors. The amount of exchange will not have much impact on price increases. only buyers will make a price increase. do you have another opinion?
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Altcoins Discussion / the popularity of cryptocurrency is reduced
« Last post by BlackJack on November 27, 2018, 01:53:51 AM »
Since the restrictions on cryptoccurency ads on Facebook and Twitter, I see the popularity of cryptocurrency diminishing. there was a lot of enthusiasm for cryptocurrency that left crypto because of the many restrictions and Fud. I think the main factor aside from market conditions, Cryptocurrency is only known to some people. in the absence of social media as a promotion, cryptocurrency in the future will get worse.
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This topic has been moved to ICO ANN
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Altcoins Discussion / Market cap dropped
« Last post by BlackJack on November 26, 2018, 03:08:03 AM »
When the Market cap dropped, many coins experienced the same thing, namely a decline in prices. I don't understand how it happened so fast. many suffered losses due to the incident. how do traders do well during a weak market? Does the trader have to wait until the market cap volume is stable?
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Altcoins Discussion / Moment to buy cryptocurrency
« Last post by BlackJack on November 26, 2018, 03:03:23 AM »
At present, the price of cryptocurrency has decreased very large. many speculate that cryptocurrency will die or lose value. but I'm sure there are good moments and times to buy. I don't care about what people say because I have proven that cryptocurrency technology is needed in the future. do you have another opinion?
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News / Parliament Approves Crypto Bill to Combat 'Financial Blockade'
« Last post by Crypts on November 24, 2018, 07:02:00 AM »
The Constituent National Assembly of Venezuela has approved a bill on cryptocurrency regulation, the country’s Ministry for Communication and Information reported Nov. 21.

The law was proposed by the country’s leader Nicolas Maduro and consists of 64 articles and five transitory provisions. It validates Petro, Venezuela’s controversial oil-backed cryptocurrency, as a unit of commercial exchange within the country, and states that goods and services can also be purchased with Petro.

According to Cuban state news agency Prensa Latina, the Assembly has also approved amendments to current anti-money laundering lawс. Under the new rules, Venezuela’s crypto exchanges are reportedly allowed to carry foreign exchange operations using Petro.

As per Andres Eloy Mendez, the head of the special commission on crypto frameworks cited in the Ministry’s official release, the new measures are being taken primarily to combat the “financial and commercial blockade” from the U.S. government. Mendez said that Petro can help effectively avoid sanctions and to establish new international business relationships, as it is not controlled by the state’s central bank and, therefore, cannot be a subject to any restrictions.
Venezuela officially launched the Petro for sale in late October. The state-issued cryptocurrency can only be purchased at the official website or in public offices, as the Petro digital wallet has been suspended by Google.
As Cointelegraph previously reported, Maduro along with Venezuela’s establishment, has been actively involved in Petro promotion since it was first announced in December, 2017. In August, Venezuela’s president offered to use the coin as a unit of account for salaries, goods and services.

In September, Maduro claimed that Petro will be used for international commercial transactions. Finally, Maduro was among the first officials who registered at Petro’s website and bought the digital currency.

Maduro's Claims on Petro
Most recently, the head of Venezuela’s state oil company Manuel Quevedo announced that the country will present Petro as a unit of account for crude oil trading to the Organization of the Petroleum Exporting Countries (OPEC) in 2019.

This summer, Wired magazine called the national cryptocurrency a "smoke curtain" to conceal Maduro's recent failure to reanimate the country’s fiat, the sovereign bolivar. Earlier this year, a Reuter's report claimed that Petro was not backed by oil nor mined anywhere in the country. More recently, the Economist, in its turn, noted that Petro is not listed on any of the world’s major crypto exchanges.

Source : https://cointelegraph.com/news/venezuela-parliament-approves-crypto-bill-to-combat-financial-blockade?utm_source=telegram0&utm_medium=social
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